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Description

Auditive serves as an innovative Third-Party Risk Management (TPRM) platform that facilitates ongoing monitoring, allowing both buyers and sellers to interact more confidently than ever before. By employing a distinctive network method, Auditive significantly reduces the risk review workload for companies and their vendors by up to 80%. This efficiency enables buyers to conduct third-party risk evaluations four times quicker, maintain ongoing oversight of risks throughout their vendor network, and achieve near-instantaneous insights into third-party risks, leading to a remarkable 35% improvement in vendor response rates. Meanwhile, sellers benefit from bypassing tedious questionnaires, allowing them to concentrate on higher-value projects, promote their security practices within the Auditive network, and foster trust with their clients. Additionally, the platform is designed to assess risks against industry-specific frameworks to ensure precise evaluations. Auditive's seamless integration with procurement and productivity workflows facilitates quick onboarding and constant monitoring of all vendors from a centralized location, enhancing overall operational efficiency. This comprehensive approach positions Auditive as a vital tool for organizations seeking to manage third-party risks effectively.

Description

Third-party risk management (TPRM) provides a systematic framework to evaluate and mitigate the risks that organizations face due to their associations with external entities. These external entities primarily include vendors, customers, joint ventures, counterparties, and fourth parties. Engaging with third parties can introduce considerable enterprise risks, especially as the number of partnerships expands, regulatory scrutiny increases, and the landscape of cyber threats becomes more intricate. As a result, businesses are increasingly allocating resources and focus towards understanding and managing the potential risks associated with these third-party affiliations. While such relationships enhance flexibility and competitiveness in the global market, they also enable organizations to outsource critical functions, allowing them to concentrate on their core strengths. However, the advantages brought by third parties are accompanied by serious risks, including the potential for cyberattacks, disruptions in business continuity, and damage to reputation, all of which can severely impact the overall health of a company. Thus, balancing the benefits and risks of third-party relationships has become essential for effective enterprise risk management.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Airtable
Asana
Confluence
Drata
Dropbox Sign
Freshdesk
HubSpot CRM
HubSpot Customer Platform
Jira
Microsoft Azure
Nimble
Notion
Salesforce
ServiceNow
Slack
Vanta
Workday Adaptive Planning
Zendesk

Integrations

Airtable
Asana
Confluence
Drata
Dropbox Sign
Freshdesk
HubSpot CRM
HubSpot Customer Platform
Jira
Microsoft Azure
Nimble
Notion
Salesforce
ServiceNow
Slack
Vanta
Workday Adaptive Planning
Zendesk

Pricing Details

$800 per month
Free Trial
Free Version

Pricing Details

$750 per year
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Auditive

Country

United States

Website

auditive.io

Vendor Details

Company Name

Riskpro India

Founded

2011

Country

India

Website

www.riskpro.in

Product Features

GRC

Auditing
Disaster Recovery
Environmental Compliance
IT Risk Management
Incident Management
Internal Controls Management
Operational Risk Management
Policy Management

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment

Vendor Management

Audit Management
Contact Management
Customer Database
Self Service Portal
Supplier Master Data
Transaction History
Vendor Maintained Profiles
Vendor Managed Inventory
Vendor Performance Rating
Vendor Qualification Tracking

Alternatives

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Riskpro

Riskpro India

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